Consortium Agreements

A financial aid consortium agreement is a binding agreement between eligible schools that allows a student enrolled in a degree-granting or certificate program at one institution (the Home School) to study at and receive credit from a Host Institution for a limited time (usually one or two semesters). USC participates in various consortium agreements as both a home and host institution.

Definitions

Home School: The school at which the student is enrolled in a degree or certificate program.

Host School: The school from which the student will take part of his or her program requirements through a consortium agreement.

Funds that may be available to students under a consortium agreement

In most cases, the USC Financial Aid Office can process limited funding if the student meets certain requirements and collects the necessary documentation (refer to the applications for details). We can process Federal Pell Grants, Federal Stafford Loans, Federal PLUS Loans, Cal Grants and private financing if certain requirements are met. Please note that if you are enrolled under a consortium agreement for the summer term, your eligibility for financial aid may be limited. Students who used their full academic-year eligibility for grants and Federal Stafford Loans in the fall and spring may be eligible for only Federal PLUS Loans or private financing in the summer term.

We cannot process or disburse the following institutional or federal financial aid funds: USC Scholarships, University Grants, Federal Supplemental Educational Opportunity Grants, Federal Work-Study or Federal Perkins Loans.

Eligibility

Students must be admitted to a degree-granting or certificate program, either at USC or at another eligible institution.

Financial Aid Consortium agreements are not available for students in the Postbaccalaureate Premedical Program or to students receiving financial aid under Prepatory Course Work.

You must be enrolled at least half-time.

If you are a current USC student, but not admitted to an eligible degree-granting or certificate program, you will not be able to take courses at a Host School under a consortium agreement.

Instructions: If USC is your home school

  1. Print and complete the USC Financial Aid Consortium Application: USC is the Home School form.
  2. Return the USC Financial Aid Consortium Application form to the USC Financial Aid Office four (4) to six (6) weeks before the start of the semester at the Host School. Completed applications and supporting documentation for both undergrads and grads should be submitted to faograd@esd.usc.edu.
  3. Make arrangements with the Host School for payment (or deferment) of your tuition bill. Payment may be due to the Host School prior to the disbursement of your USC financial aid. You are ultimately responsible for payment of all charges at the Host School.

Instructions: If USC is your host school

  1. A non-USC student can enter into a consortium agreement with USC in one of two ways:
    • Preferred Method: To have your Home School process the consortium agreement, request that they send their own agreement form to USC for approval and signature. They are then responsible for processing any and all applicable financial aid for you.
    • To have USC process your consortium agreement and financial aid, follow the steps outlined below.
      • Print and complete the USC Financial Aid Consortium Application: USC is the Host School form.
      • Return the USC Financial Aid Consortium Application to the USC Financial Aid Office four (4) to six (6) weeks before the start of the semester. Completed applications and supporting documentation for both undergrads and grads should be submitted to faograd@esd.usc.edu.
©2013 University of Southern California